(WASHINGTON D.C.) - The federal government plans to propose new rules that will give homeowners more ways to avoid foreclosure and get an accurate accounting of their monthly mortgage payments.

Congress mandated changes in the nation's mortgage industry in the wake of the 2008 financial crisis.

The proposal that the Consumer Financial Protection Bureau plans to announce today would require mortgage services to give all borrowers standardized monthly statements.

They would also be required to warn borrowers about interest rate or insurance changes, make "good-faith efforts" to contact borrowers at risk of foreclosure and give them options to avoid losing their homes.

There are also stipulations for improving record-keeping and providing foreclosure counseling to those who need it.

The agency will formally propose the rules this summer and finalize them by January 2013.